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Shanawaz

A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.

Posts by Shanawaz

'Felix Capital' To Invest in Crypto and Web3 Market After $600M Funding

‘Felix Capital’ To Invest in Crypto and Web3 Market After $600M Funding

Felix Capital, unlike hedge funds, is not aiming for short-term profits.  They’ll spend heavily in Europe, but only “selectively” in North America. After obtaining $600 million in new funding, Felix Capital, a major British venture capital company, is expanding into new markets. The new round of funding secured by Felix

June 9, 2022 2 mins read
A Brief Overview of Cryptofinance Platform: Cake DeFi

Cake DeFi Acquires European License to Operate as a Regulated Platform in Lithuania

One of Singapore’s fastest-growing Decentralized Finance (DeFi) platforms has secured a crypto license from the Lithuanian Registrar of Legal Entities. It allows the platform to provide and operate crypto custodial wallets in Lithuania and exchange cryptocurrency. When the EU Markets in Crypto-assets Regulations (MiCA) comes into force, Cake’s cryptocurrency registration

June 9, 2022 2 mins read
U.S Inflations Records 40-Year High Suppressing Crypto Market Further

Wyoming-based Digital Asset Bank ‘Custodia’ Sues Fed Over Delay

Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master

June 8, 2022 2 mins read
Tether (USDT) Network Attacked Using DDoS Resulting in 8M Requests/Min

Hackers Siphon $5M Worth Tokens From Cosmos-based Osmosis

Developers have shut down the Osmosis blockchain to avoid additional harm. This flaw was regularly exploited, as shown by on-chain transactions. Decentralized trading platform Osmosis, created on CosmosSDK, was hacked, emptying its liquidity pools of $5 million. Developers have shut down the Osmosis blockchain to avoid additional harm. According to

June 8, 2022 1 min read
Metaplex Accuses Magic Eden of Pursuing NFT Protocol Takeover

Solana Blockchain NFT Sales Clock Whopping $2.35 Billion

Solana, has been dubbed the “Ethereum Killer.” SOL has been down 6.65% in the last 24 hours. After setting new records for the largest blockchains in terms of all-time NFT sales volume, Solana continues to fight for its rightful place as one of the best platforms supporting smart contracts. One

June 7, 2022 1 min read

Thetanuts Finance Launches Stronghold Index Vaults in DeFi

An index vault that provides non-inflationary returns and risk management has been launched by the ThetaNuts Finance platform that streamlines the process of options trading. The launch of the ThetaNuts Stronghold index vault was announced today. By depositing their assets directly into DeFi Option Vaults, Thetanuts Stronghold allows consumers to

June 7, 2022 2 mins read

Top 3 Projects With Market Cap of $50M – $100M: LOOKS, XCAD and ALICE

XCAD Network has an NFT Marketplace for makers. LooksRare is down 3.76% in the last 24 hours. Let us look at the top 3 projects with a market cap between $50M to $100M as per CryptoDep. LooksRare (LOOKS) NFT marketplace LooksRare uses the LOOKS token to reward traders and artists

June 6, 2022 1 min read
Asian Market Survey Reveals Digital Assets Holdings To Surge by 2022 End

Asian Market Survey Reveals Digital Assets Holdings To Surge by 2022 End

In December 2021 and January 2022, the surveys were conducted. Results were drawn from surveys of more than 500 financial advisers and 3,200 investors. Accenture, a consulting business, released an industry poll on Monday that found that Asian wealth managers are hesitant to sell digital assets to clients because they

June 6, 2022 1 min read
Cardano’s Founding Member Launches New Social Platform

Cardano (ADA) Price Enters Consolidation Phase After Brief Fall

ADA only gained 2% in the previous 24 hours since it largely consolidated. ADA may test the $0.60 level of immediate resistance if buyers stay in the market. Cardano’s price showed a surge before consolidating. As Bitcoin’s losses widened, signals of instability in the wider market emerged. The one-day chart

June 5, 2022 2 mins read
Top 3 Gainers of the Day: PLD, RACEFI and XTAG

Top 3 Crypto Gainers of the Day: PLD, RACEFI and XTAG

Plutonians have been up 1333.88%% in the last 24 hours. xHashtag DAO focuses on the entire evolution of Web3 projects. Let us look at the top 3 gainers of the day as per CryptoDep. Plutonians (PLD) Plutonians is a space RPG fueled by SPL tokens and NFT. Web2-enabled multiplayer world

June 5, 2022 1 min read